Investors Focus on Olivetti

Updated Sept. 5, 1996 1:03 p.m. ET

MILAN -- The stock market ended lower Thursday as investors continued to focus on developments at Olivetti.

The MIBtel index fell 55 points to 9284 while the MIB-30 index of blue-chip stocks slipped 94 points to 13767. Volume was high, although traders noted that activity was boosted by a large number of cross orders.